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FOX Business
Feb 5, 2013 8:00pm EST
even with massive tax hikes and assuming the spending cuts do kick in. congressman tom price pushing the president to balance the budget and says this new report is proof we can't do that by hiking taxes. what about that? we're still going to be deep into the red. >> good to be with you. the president has put forward for different budgets, none of which have ever come to balance. the house republicans have acted responsibly, our budget is yet to balance, so what we will do is put together a budget that balances in a ten-year time. all it does tomorrow it says to the president tell us when you'ryourbudget balances. it is important to do that because we have our principled solutions with the program. liz: used a dozen state when the budget would be balanced, is that it? >> we have had to end dollars deficit of the past four years in the past for budgets by this president have never come into balance ever in the 75 year time frame we talk about budgets. the american people need to know that. it is important the president gets mad because then we could talk about the positive solutions a
ABC
Jan 31, 2013 11:00pm EST
have similar restrictions since sandy hook guns and ammo have been flying off shelves. a 50% tax on ammo has been introduced. legislation has been introduced to limit ammo you can buy. >>> you heard her story. tonight the name of a woman and our exclusive interview. >>> maryland's most powerful radar tracking snow to the west. how this could impact your commute, ahead. >>> this purple pride. the wager our top cop is making on the game when we come back in 60 seconds. . >>> the owners of a clinic forced to close are keeping quiet but the family is talking. tonight they're opening to us in an exclusive interview. >> you'lla witherspoon was a private person. after we found them by digging through state records, the family decided the time was right to tell her story. when you dine out an inspection lets you know the restaurant is safe. same with your car, the daycare. the state looks at all these things to protect you and your family from harm. but sometimes we just assume things are getting a closer look. >> they think my barber needs to be certified. there has to be some oversight
FOX News
Feb 8, 2013 1:00pm PST
tax and replace it with a small hike in state sales tax. the republican governor on where things stan right now. governor, thank you for joining us. >> thank you, sir. >> you want to raise the state sales tax but eliminate the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to build infrastructure. the gas tax is going to keep declining so we're suggesting let's get rid of and it replace it with a sales tax that froze with the economy. >> let's tell the viewers the numbers. the virginia gas tax is 17-1/2 cents per gallon. nationwide it's 18.4. you're saying eliminate the 17-1/2 sentences per gallon state sales tax and add .08% on sales of everything. is th
CSPAN
Feb 7, 2013 1:00am EST
that cuts defense spending once again. it has $500 billion in new taxes and also cuts in domestic spending. it is irresponsible, unacceptable. it leaves their troops and our economy and ready to face the challenges of the future. or the threats of today. when i went to the steering committee to apply for this job, i explained to them the way i saw the jobless to make sure that our troops, those who we sent into harm's way would have everything they needed to carry out their missions and return home safely. everything in the way resources, training, leadership, these things are very important. and i look at what is happening with these cuts that we have seen the last couple of years and it is just irresponsible that the commander in chief, his main job should be the same that i look at as my job, only he should be looking out for the soldiers, sailors, airmen and marines that he sent into harm's way. he should not send them with anything less than the told that -- the total they need. and to be stepping up and continuing to cut -- i visited with their top leaders, and they have told me that
CNBC
Feb 7, 2013 7:00pm EST
. this business about raising taxes, it's not catching on. i just don't hear it from down there. >> the house republicans aren't feeling the president to raise taxes. it's a complicated argument to help, that's why it's really not catching fire. a lot of defense industry lobbyists are giving republicans heat, they don't feel heat from the constituents because the constituents they think want to see real spending cuts. americans want spending cuts, they don't want political gains. >> i really do. i think when you look at the poll, americans still want smaller government and fewer services, aka spending cuts. i think this is the white house's big mistake, they're barking up the wrong tree. the only question i have, it is after all republicans, will they hang tough? in your opinion, you're closer to it, will they hang tough? >> i spent all day on capitol hill talking to house republicans privately saying what's going to happen between now and march 1st? they say the house leader has promised them privately they're not going to replace the sequester unless there are real cuts to replace the seque
FOX Business
Feb 4, 2013 8:00pm EST
stop asking for more taxes? s revenue push reving up again. >> up next, he was member of white house top jobs council. robert wolf is here. charles: millions out of work and more asking where the jobs. roberts wolf served on the job's council, he is here right now, thank you for joining us, bob. >> thank you. charles: the jobs council. what happened? listen, you know this cynical side, you know you about the fact of the matter is, it felt like 5 official big meetings, not a lot came out of it, no meeting in the last year, was this just a mirage? >> i disagree, thank you for having me oit was a two yore a year charter, let's talk about what was done, first year was a lot of work together to figgre out ideas ts to the u.s. more of whn , we came up with better ideas with better building, and small, usa initiative. travel and tourism initiative. the second year was about execution, which we're executing, the proof is working there are wins from this. charles: but, okay okay, now. realistically as a businessman, a lot of things you tick off seems they came from obama wish book. was this c
FOX Business
Feb 4, 2013 11:00pm EST
. >> thank you so much. >> coming up, did you think that democrats would stop asking for more taxes? s revenue push reving up again. >> up next, he was member of white house top jobs council. robert wolf is here. officemax is celebrating our new collaboration with go daddy! with an online pacge including: domain name, website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. charles: millions out of work and more asking where the jobs. roberts wolf served on the job's co
NBC
Feb 7, 2013 5:00pm EST
that ends this governance by crisis. >> the president wants fewer cuts and more tax revenue. that's the same argument he made during the fiscal cliff talks with republicans late last year. >>> a new push in maryland, it's aimed at preventing the long lines during early voting. today the house ways and means committee is considering a bill to increase the number of early voting center. last fall some voters stood in line for hours just to vote early. until this new proposal, even county would get more voting locations officials would ultimately decide where they go. governor o'malley is also pushing to increase the number of early voting days from six to eight. >>> a news4 exclusive tonight. metro is testing the tracks for the silver line. we're getting the first and only look before riders hop aboard. >>> people love the redskins, but a lot of people don't love the name. we'll talk about a new push tonight for change. >>> plus an explosion at this deli shop. tonight there are new developments about the man hurt. "news4 at 5" is just getting started. >>> a news4 exclusive tonight, a look at t
CSPAN
Feb 6, 2013 7:00am EST
in it, we don't tax you think about it. it is as if because we know it was awful, we can somehow pretended was not part of american culture. >> and early 20th century -- eugenics, in early 20th century. >> "washington journal" continues. michael're back with burgess, a republican and vice chairman of the energy and commerce subcommittee. thanks for talking to our viewers. guest: thanks for having me. host: republicans are saying to avoid the automatic spending cuts, we need entitlement reform on the table. president obama said yesterday if we cannot agree to something long-term like entitlement reform, let's do something short-term. do you agree? guest: no. president obama should be talking about the next sequester, because this one is happening. it was postponed to march 1 on the first and january. this is a promise that we made, the congress and the president made to the american people in order to get our fiscal house in order if we could not come up with the cuts, the savings to do that, these cuts would be automatic. host: you are ok with them? guest: i don't like it. the re
FOX Business
Feb 7, 2013 6:00pm EST
't get the check out, they pay more and more. the tax tab just keeps going up, up, up, up, up, up. >> well, i'm not surprised because this is just the nature of government relief. gerri: it sure is. >> it isn't very cost effective. this ties in to the other big story that's going on this week in washington which is, you know, whether these federal agencies can, you know, cut five cents out of the dollar, you know, in these sequester cuts and all the agencies are saying, oh, my goodness, we can't possibly absorb these cuts. jr. jer that's going to be our deficit this year. are you happy about that? we're under a trillion. whoo hoo, throw a party, right? >> and the sequester's supposed to cut that by a grand total of about 10%. but fema's a perfect example of what i'm talking about. does anybody not really believe that fema couldn't increase its efficiency by 5%? my goodness, that's nothing given the kind of waste, fraud and abuse that you've shown on this show. look, they could easily do that. gerri: well, that would be a starting point. that's not the whole way to go, that's for s
CSPAN
Feb 6, 2013 8:00pm EST
. we take no tax dollars. we don't have the ability to reduce costs in a way a private business would. and we are at the end of our borrowing authority. to give some perspective of our liquid situation, a typical large organization would either have cash on hand or quick borrowing ability. in october, the postal service had less than four days of cash on hand. that's a very scary situation and no situation that a business should be in. and this is why we have taken aggressive steps to reduce our costs and why we have been so vocal about seeking postal reform legislation. we faced a major hurdle to return to profitability and long-term stability. we need to generate $20 billion in cost reductions and revenue increases to close the budget gap and be able to repay our debt, both close the gap and repay the debt. and this is why the board of governors has directed us to take every necessary step to reduce costs and conserve cash necessary to continue our operations. it's what we have been doing consistently over the last couple of years. and we will be accelerating those efforts moving fo
CSPAN
Feb 6, 2013 11:00pm EST
states has the highest corporate tax rates in the world. 35% of the federal level when you had sued have local taxes it's much higher than the employer and job creators here in america. how it impacts business is, including how it can be fact driven to decision regarding where to locate manufacturing facilities or how much to invest in r&d, how business investment higher competitiveness be impacted if we eliminated corporate tax altogether such as my job actives. the jobs that will reduce corporate taxes to zero in capital gains taxes to zero and partially would be huge economic boom instead of raising taxes would raise taxpayers with good paying jobs. as you please discuss that? >> i will not disagree with your final conclusion. i also know it brings the double taxation dialogue, especially in difficult times. i think the conclusion that you're alluding to in the question is very clear. we compete against companies headquartered in taiwan, for example, and some of them virtually have zero tax rate. so if we try to operate investors are working against some number incrementally to 35% le
CNBC
Feb 8, 2013 4:00pm EST
in the next few months we have a lot of head winds. as i mentioned the sequestration, the tax debates that are coming to the forefront so with volatility at historic lows, why not give it a try in terms of putting on cost protection as we've seen clients do because the fact is it is all time lows for the bang for the buck, risk for reward that you have. >> what else can you tell us about the snake, the year of the snake that may play into this argument? >> as far as i know it's a black water snake so it moves a lot so hopefully that means more volatility for us in the future. that's about as much as i can get as an astrologist. >> in terms of chinese new years other years, away from the snake, i mean, did they have any impact on the markets in the past? >> no. >> it's just a conflins of negative things. >> last year was the year of the dragon but obviously we've seen a lot of volatility in years like that. 2008, for example. look, the fact that we have this astrological sign but more importantly we have this lineup in options land with the vix and with the implied volatility levels. >
Current
Feb 1, 2013 3:00am PST
in this country and jobs but it increases revenue because, you know, think about it. more people paying taxes. you know, that's just good stuff when people are paying taxes. folks are getting educated in america. they are serving in our armed services. they are making our country better and brighter and safer blah, blah, blah, blah, blah blah. why do we need immigration reform? why? it's so important and we will take calls on that too. give us a call on that. taking calls on chuck hagle. twitter is abuzz about chuck. what do you think about this whole immigration stuff? >> it's time to get it done because republicans have finally, gotten on board. i think it's a shame, the time that they deem it's time to get it done. the time to really do it was five years ago. i mean a long time ago. but it's pretty from the parent that republicans realize they have got to get on board because they got their asses handed to them in the last election. the fact that now everybody wants to come to the table and participate, i think it's sad, and i think that it's worth pointin
FOX News
Feb 8, 2013 8:00am PST
they are also a little bit pessimistic when. asked if tax less go up on middle class americans this year, 68% said they think, yes, that taxes are going to go up. if that is the case, i mean economic activity can't be helped by that, is it, joe? >> well, no, but they are right, jon. i mean when you look at it the payroll tax that was pulled off as a way to give people a little bit more money in their pocketbooks, to buy things, and to get the kids to school, and put gas in the car, that came off. so the payroll tax is back on, and that affects everybody. i know we talked a lot during the tax issues about the upper 2%, but average americans are going to be hit by putting some of the tax breaks back on -- i mean taking them off that were on, that has happened. people are already going to start feeling that one. so i think that poll sort of reflects reality. jon: kind of interesting too, he defeated hillary clinton in the race for the nomination, four or five years ago and these days according to the polls she is more popular than the president is. does that surprise you, joe? >> no. i think, l
CSPAN
Feb 6, 2013 8:00pm EST
and they are wanting my tax money. because i haven't signed up for their insurance program. second, we will not administer medicaid through utah's health exchange. they want to maintain a clear separation between an approach in the private sector and providing opportunities for the private sector as a postal welfare-based system. not that they are not important aspects but we think there should be a clear separation between those two approaches. we want our exchange to remain focused on the core mission of creating competition and choice in the insurance marketplace. those who are in need again we recognize their people out there who have access and the right and it need an medicaid is maybe one of the answers but we believe that should be done separately and not by our exchange. third, you too administer the premium tax credit through our exchange. there is the number a number of reasons why we decided not to do that. one, we pride ourselves on -- in utah in being fiscally prudent. and i wish washington had that same pride which they certainly don't have. we are one of only seven stat
CNBC
Feb 5, 2013 6:00am EST
out, look, a lot of their improvement had to do with a much lower tax rate related to some of these charges. while there are positive signs in the business that in evestor do like, there's a lot of impact. different story at ubs. interesting to see people try and suck out what this company is reporting when it comes to this quarter. the market reaction was positive than negative. we're looking now down about 0.76% weighing on the swiss market. we had carolin roth since dow with the ceo of armani. if you want to talk about the commonalities between these two kms, it's the number of legal and restructuring issues occurring. ubs is trying to transfer from its investment banking to more of a wealth management model. margins in that business were weaker, weighing somewhat on investor prospects. but when it came to libor in particular, here is how the ceo responded to how they see their ability to put that issue behind them in 2013. >> i think that we made very good progress on addressing many of those issues during 2012. you are always going to have problems, but i think many of
PBS
Feb 7, 2013 4:30pm PST
gains in a year in january, despite the expiration of a payroll tax holiday. 20 retailers tracked by thomson reuters reported an average sales gain of 5% in january. that's nearly twice as strong as last year. erika miller looks at whether the sales momentum can continue. >> reporter: if there's one thing helping retailers these days, it's cold weather. low temperatures in much of the nation has boosted sales of coats and warm clothing. so no surprise that department stores selling those items were big winners in january. kohls, nordstrom, and macy's all posted double digit sales increases. >> if you are trying to clear winter goods that didn't sell over the holidays, the cold snap is a big help. we had a bunch of weather events-- cold, wet, snow, ice, so things are selling out even if they've been marked down. that's really cleaning out inventory that needs to get out before the spring. >> reporter: but to be fair, there was also a quirk of the calendar that gave many big retailers a fifty-third week in their fiscal year. that meant an extra week of sales in january. >> but spen
MSNBC
Jan 31, 2013 8:00pm PST
. you have to get in the back of the line and pay taxes. we don't know what kinds of fines they are going to have to pay. two different talks here of amnesty. ann coulter is on the rational review side. she said some were democratic voters. who is going to win this argument in the republican are party. do the democrats need all of the republicans? they just need some. >> it should be fascinating to watch. into the storm goes marco rubio. we are going to find out a lot in the cone teflt text of his aguilt to weather the storm. if he can't rally people to a great cause. he goes into the storm now with conservatives and republicans about to have a important debate about the future of our party. thank you both for joining me tonight >> >>> good evening, americans, and welcome to "the ed show" from new york. republicans have the audacity to attack a highly decorated veteran and label him as a dove? this is "the ed show." let's get to work. >> i'm pleased to see an old friend here before the committee. >> the hague hearing started out friendly and got ugly fast. >> were you corre
CNBC
Feb 7, 2013 9:00am EST
for the month, despite all those worries about the payroll tax. who won? who lost in the cramer knows. >>> former treasury secretary bob ruben in a rare interview on squawk this morning has words about too big to fail, the sequester and how he missed the crisis at citi. >>> is it time to say good-bye to the u.s. airways brands? a deal looks close for amr's american to take it over, become the number one brand. does consolidation mean airlines just got more attractive. >>> we start off with the retailers, january report card, macy's posting an 11.7% jump in same-store saturday and raising guidance. stellar results from some of the retailers. >> such a mixed picture. some guys -- kohl's, people decided their clearance is moving the stock up nicely. gap strong happens moved. consistently great job. people talking about urban outfitters doing a great job, doesn't seem like the stocks right now are moving the way you would think they would. i don't know how many people are counting on this particular month -- >> a short month, bleedover from the holidays. the rate of beats, 59% is the stro
CNN
Feb 7, 2013 12:00am PST
that the taxes have been raised on rich people, you have a simple fight with obama. more spending against less, more debt against less. the republicans can win that fight. they have to stop victimizing latinos and women. start with the latinos. republican voter base. that group is going to vote like all the other immigrant groups do, as they move up, they'll become more republican. i know, because i ran the last two successful presidential campaigns in mexico. and in both of them, the conservative won. and they are pro family, anti-debt, and incredibly worried about illegitimacy and crime and all that. they feel like the republican party hates them. the bill has got to pass for them to -- for republicans ever to access that vote. >> what people are asking, why is fox not interested now on your views? >> i don't know what fox is interested in or not. >> they must have told you. >> i had a wonderful talk with roger ales who i respect. he said in this business, you're up, you're down, nothing is final or fatal. >> why are you down now? >> because i was wrong, and i was wrong at the top of my lung
FOX Business
Feb 8, 2013 11:00am EST
further. what we are seeing in the sluggish economy is the impact over ten years plus. two tax cuts, to wars and also the household sector has gotten overleveraged. that is beginning to heal. the problem is we are still working over the impact that has happened over the last ten-15 years. looking at the data, the recent government spending is more of a continuation of things that have been put in place, but it has to be addressed and there has to be entitlement reform and a lot of the spendings have to be addressed. i am confident there will be some action on this. dagen: we are spending an entire day talking about real estate. in terms of the burden put on government to support the market, how important is it to reform that because, again, if housing gets weak again, then now falls on uncle sam and the taxpayer? >> this is why you are not seeing the government act too quickly on fannie mae and freddie mac. they know that they have to perform, restructure and in some cases eliminate what these two entities do. they do not want to undermine the housing market because it is such a big
NBC
Feb 8, 2013 6:00pm EST
clear he wants in any such deal another tax hike on wealthy, reducing the write-offs on perks like private jets. >> we got to be able to close tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue to actually do the job in a way that allows us to continue to grow. >> house speaker john boehner warns the focus better not be on tax hikes. >> at some point washington has to deal with its spending problem. >> the battle lines on that fight and on guns and immigration are sure to be laid out in the state of the union address this year and the gop response on tuesday night. >> two new polls president obama's public approval slipped down below 50%. the good feelings from his inauguration giving way at least a little bit to the old feelings of gridlock. >>> i'm steve handelsman, news 4. >>> thank you, steve. >>> somebody hacked into the private account of bush family. according to the website known as the smoking gun, the hacker gained access to the private e-mails, photos and sensitive information sent between both former president bushes an
MSNBC
Jan 31, 2013 11:00pm EST
and done, you average about $9 an hour before taxes. it's a situation many americans find themselves in in the working place in the country. and anyone who spent time at all in the food service industry has a story or two over the years to tell about being stiffed on a tip. this story might make you lose a little bit of faith. earlier this week chelsea welch, an applebee's employee, took to social media site readit -- reddit to show a photo of a receipt left by a st. louis pastor, alois bell. according to welch the worker the pastor and her party of i should say 20 ran up more than $200 worth of food but weren't feeling so charitable when it came time to pay. the pastor crossed out the automatic 18% gratuity charge for groups larger than eight and wrote "i give god 10%. why do you get 18?" to emphasize her point a big zero and "pastor" above the signature. the post immediately went viral online. which is when welch says pastor bell called her applebee's employer and demanded everyone working there that night be fired. as a result chelsea welch, she was laid off. she was laid off. in
CBS
Feb 5, 2013 5:30pm PST
a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> pelley: in an interview on sunday, we asked the president about all of this. we found out last week that the economy actually shrank in the last three months of last year. if the federal spending cuts that are on tap for march actually take effect, will that push the country into recession? >> i don't know if it will push the country into recession, but here's what we know. the reason that the economy shrank a little bit, despite the fact that housing is recovering, manufacturing is going strong, car sales are up-- you know, the truth is, is that, overall there were a lot of positive signs in the economy. the big problem was defense spending was cut 22%. that was the biggest drop in 40 years. it was very abrupt. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self- inflicted wound
PBS
Feb 7, 2013 7:00pm PST
. americans are paying more for gasoline. and many families are now feeling the pain of higher payroll taxes. >> reporter: and many families may be making fewer trips to the mall because of other spending priorities: >> automobile sales have been coming back now for a full year. that is cannibalizing some of the discretionary spending power out of all the other categories, whether it's apparel, sporting goods, etcetera. >> reporter: johnson predicts retail sales overall will rise 2.9% this year. that's less optimistic than the national retail federation's 3.4% forecast. >> income growth is still very sluggish. and of course we have the uncertainty from the sequester and all the washington nonsense occurring. so we think we would do very well to get near to a 3% annual growth rate. >> reporter: going forward, it will be harder to identify retail sales trends month-to- month. four major chain stores; target, macys, kohl's, and nordstrom, will no longer provide monthly same-store sales figures. they join others like wal-mart and sears that only report sales quarterly. >> in some ways it makes i
NBC
Feb 8, 2013 6:30pm EST
worth of our tax money being wasted in washington. is it any way to run our government. tonight, what we have uncovered. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening. here's one example of how bad it's getting tonight across the northeast. vehicles were ordered off the roads in massachusetts. that would be all of massachusetts. starting at 4:00 p.m. this afternoon. you're looking live at the cape where they're already taking it on the nose tonight. blizzard warnings posted across a big area. we could see some history-making snowfall out of this. we've already seen a could lass al stoppage of transportation in the corridor of our country, affecting 50 million americans before it's all said and done. and it's a long way from being over. as you watch the coverage of all of this tonight, remember, this storm is hitting many of the same people along the very same coastline, still recovering from hurricane sandy just over 100 days ago now. our team is out in it. what could end up as a 30-inch snow e
FOX Business
Feb 8, 2013 1:00pm EST
. a lot of folks trying to sell before the capital gains taxes went up. there still is not a lot of inventory out there. that is why one of the top realtors in the state, if not the nation, says that he sees this trend continuing. >> the luxury and right now is great. it is at an all-time high. we see it continuing. we do not see the trend changing at all. it is just one of these things where the inventory is low and the interest rates are where they need to be. people who have been sitting on the sidelines are starting to staff took some great properties. we have a lot of international buyers, local buyers and families. it is perfect. peter: they saw a recession here and a lot of properties are going for less then maybe they thought they would have a couple of years ago. if you want to live with leonardo the caprio, come on out. ashley: looking good, robert. melissa: the real housewives husband. ashley: thank you so much. melissa: u.s. home values closing out. 2012 medium home values are up 5.9% year over year. dan humphries -- stan humphries expects the recovery to continue. he
CNBC
Feb 8, 2013 9:00am EST
" has an article today about how the rise in payroll taxes in particular hitting those on lower incomes. one of your rivals, one of your colleagues, if you like, over at citi, he's actually suggesting that the same-store sales could be challenging moving forward. he's highlighting that he thinks burger king, for example, could be running 200, 300 basis points below the estimate in december flat sales. how bad could it get here? how dangerous is this sector? because of what is happening to low-income americans? >> it's a really good question. obviously this is just unfolding. but we have picked up, you know, very choppy and negative data in the latter part of january as consumers were trying to figure out kind of what was left in their pockets, or their bank account at the end of the month, and the end of the pay cycle. i think we did see a step down, and we've picked that up from operators, industry data. that's really the first impact, obviously, that we saw this year. there's also some changes in e-filing and some weather clearly, as you guys are looking at realtime, that always has a
CNBC
Feb 1, 2013 6:00am EST
the government to keep borrowing money at least through may 19th. the measure postpones spending and tax cuts for at tleeft two months. the obama administration's decision on the keystone oil pipeline won't be made until at least june. that's according to a u.s. officials. the projects has been pending for more than 4 1/2 years. of course, we've had lots of debate about the pipeline even here around this table. >> let's check on the markets this morning. the futures are probably going to be what steady as we go. we'll see what happens at 8:30. but not bad so far. that would be getting back almost exactly what we lost yesterday. we lost about 49 points. and there's a lot of -- it was a great january, but then got that gdp number. we're warning, does it necessarily mean that the market has been wrong about the economy? or was it the one off and was it, you know, some special factors that caused that shrinkage and does it get revised back up and subsequent reports? i've heard a lot of places. this is the best negative gdp report. >> well, if you're going to have to pick a negative one, this woul
CNBC
Feb 5, 2013 3:00pm EST
. >> and the president is pushing congress to come up with new tax revenues and short-term spending cuts to avoid the massive cuts that will otherwise kick in automatically on march 1. how ways and means chairman david camp is here to respond. >> looking forward to his comments. has a lot to say. here's where we stand right now. the dow, a mirror image of yesterday. a selloff in the open yesterday in the morning and then it went sideways, and today we've done that the opposite. a rally on the open this morning, now up 123 points and just off the highs at 14,004.08. this would be the third could be sective 100-point move for the dow, and the we're only three days into the month of february. the nasdaq is up 45 points wiping out yesterday's losses. now at 3176. that is the high of the session right there, and the s&p 500 index is showing a gain of about 17, now 18.25 points, just off its high at 1315. in today's closing bell exchange, we're joined by todd schoenberger, marky willman from jmp securities and linds freftn financial and our own rick santelli. todd, you've got to be loving this real rig
CNN
Feb 6, 2013 9:00pm PST
and adjust to them. that does not mean we back off from our core principles. now that the taxes have been raised on rich people, you've got a simple fight with obama, more spending against less, more debt against less, and the republicans can win that fight. but they've got to start victimize -- stop victimizing latinos and women. start with the latinos. they're a republican voter base. that group is going to vote like all the other immigrant groups do, as they move up, they'll become more republican. and i know because i ran the last two successful presidential campaigns in mexico. and in both of them the conservative, fox and calderon, won. and they are pro family, anti-debt, and incredibly worried about illegitimacy and crime and all that. but they feel that the republican party hates them. >> why -- >> and the rubio bill has got to pass for them -- for the republicans ever to access that vote. >> what people are asking is why are fox not interested now in your views on where the republican party should go? >> i don't know what fox is interested in or not. >> they must have told you. >
MSNBC
Feb 4, 2013 8:00am PST
registry. >> obama care wasn't a tax until they needed it to be a tax. >> it was the supreme court that said that. >> i don't think you can trust -- >> let's dive in and get straight to the telephone now. rield congressman jamrhode isla james langevin joins me. he has been touched by gun violence in his own life. sir, good to have you with me. as we talk about this with the president really getting back on the road where he does his best work campaign style, taking his message to minnesota, i want to remind everybody this is at the feet of harry reid in the senate right now to move on this, and he appeared this weekend with abc's george stephanopoulos. take a listen to his thoughts. >> how about restrictions on high capacity magazines for ammunition? >> i think that's something we definitely have to take a look at. >> take a look or vote for? >> let's see what it is. >> sir, in your opinion, do you think that right now the best approach is going to be agreement on both sides of the aisle on small steps and that small step being potential for universal background checks as opposed t
NBC
Feb 5, 2013 5:30pm PST
to take effect the 1st of march. the president called today for a limited package of spending cuts and tax reforms to avoid the deadline. republican speaker of the house john boehner rejected that, saying republicans want a bigger agreement on a long-term deficit reduction plan. the white house also announced today president obama will be going to israel this spring for the first time since taking office. israeli media say he's due to arrive march 20th, though the white house would not confirm any of the travel dates. >>> we are learning much more tonight about the breaking story we brought you here last night. the dramatic rescue of a 5-year-old boy after a standoff in alabama that lasted almost a week. nbc's gabe gutierrez is with us tonight from midland city, alabama. gabe, good evening. >> reporter: brian, good evening. today ethan's mother broke her silence. in a written statement she said, i woke up this morning to the most beautiful sight, my sweet boy. i can't describe how incredible it is to hold him again. at the hospital today, there were no signs of the ordeal young ethan, seen
MSNBC
Feb 6, 2013 12:00pm PST
usually does in israel. he really won on domestic issues like lowering taxes and affordable housing and all that kind of stuff. an interesting thing to watch. i think the israel trip for the president accomplishes a couple of things. one, the announcement boosts the chuck hagel nomination. it's saying i'm going there. i know i didn't make it to israel in my first four years of office, but i'm going. if you are reading into this nomination, don't. it rubber stamps john kerry as secretary of state. john kerry wants to make the israeli and little east process a big part of his agenda. obama's way of saying i'm taking that message and just nominated this guy and i am taking john kerry with me in spirit. for us in terms of policy, it probably has less to do with israel and the palestinians and more to do on our end with syria, egypt, iran and seeing what we can flush out in terms of three different theaters. there is a lot on. agenda and does a lot of things. >> my read on the rational behind obama going-over there, i read it more as a triumphant move. >> a victory lap? >> if you look ho
CNBC
Feb 8, 2013 6:00pm EST
, cruise ship tax are red hot. tuesday brings us to the avon lady in the morning. direct selling has been under a lot of attack, as we know from he he herbalife. is andrew young still playing a role? hope not. mcgraw-hill also reports tuesday. well, well, well, talk about an earnings side show, let's listen to see how the analysts try to pry some news about the justice department's investigation of s&p's ratings of mortgage-backed bonds, as if anyone actually cares about the earnings. we get results from michael coors, too. we're thinking of developing a great gatsby index. we heard from ralph lauren that things are smoking in this category, not just good but great. can kors deliver? i bet this high end company will be right up there. i took my daughter there earlier this year. after the close we heard from buffalo wild wings. did the super bowl's extra time thanks to the power outage make this the best super bowl ever for buffalo wild wings? we heard from dominos. we need to know. they got a whole commercial about how overtime games make them more money. wing prices down, gross margins u
FOX News
Feb 8, 2013 10:00am PST
, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the center right idea that says cutting and less government is better ffr the economy to one that says that the government can plan, organize, direct economic activity and take tax revenues and borrowed money to stimulate and help out these middle class people, but it doesn't sync up with what people are thinking now so the president has a big sales job ahead of him and to your point, you and janice were talking about, if you've already been hit by one storm, the recession that followed the panic of 2008 and if you're waiting for the next storm to hit land, my goodness, not receptive to the idea of the government borrowing more and taxing more when you think that's a
KRON
Feb 4, 2013 7:00am PST
if they found out. >> they've taxed the entire power of red. it was really overproduced. >> and that is what i am saying that many people were oggling the actress but i still want someone to sing. >> if you are not impressed with that and probably not the and advertisements. there was the clydesdales. >> i would have to look at that later. >> he raises this clydesdale. can i give the honesty? look at that reunion. did you see the kissing ad? >> this is a defeat. >> maybe we should closand that they are the second best team in the world. and i am going to say that after the weekend the mvp is will tran.. >> absolutely he works day and night. at 5:00 a.m., 4: 30 a.m.! j.r. stone, back and forth but he was good. >> there is no parade for us tomorrow. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse t
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